Firm-commissioned reports - A comparison of the FSA and SEC treatment of privilege
19-Mar-2009 | Banking & Finance, Financial Institutions & Services
Lawyers Laurence Lieberman
Regulated firms often commission external lawyers to investigate and report on supervisory concerns raised by the FSA. To avoid enforcement action, firms will often want to share the findings of those reports with the FSA. To do this, firms can partially waive any legal professional privilege ("LPP") that may be claimed over those reports when dealing with the FSA.
For the full article please click here
